United Advisor Group LLC Boosts Position in JPMorgan Municipal ETF (BATS:JMUB)

United Advisor Group LLC lifted its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 3.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,625 shares of the company’s stock after acquiring an additional 985 shares during the quarter. United Advisor Group LLC owned about 0.11% of JPMorgan Municipal ETF worth $1,519,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in JMUB. Western Wealth Management LLC lifted its stake in shares of JPMorgan Municipal ETF by 2.0% during the second quarter. Western Wealth Management LLC now owns 10,992 shares of the company’s stock worth $554,000 after purchasing an additional 217 shares in the last quarter. Financial Connections Group Inc. lifted its position in JPMorgan Municipal ETF by 1.7% during the 1st quarter. Financial Connections Group Inc. now owns 14,051 shares of the company’s stock worth $713,000 after acquiring an additional 235 shares in the last quarter. Family Investment Center Inc. lifted its position in JPMorgan Municipal ETF by 1.2% during the 3rd quarter. Family Investment Center Inc. now owns 21,716 shares of the company’s stock worth $1,113,000 after acquiring an additional 254 shares in the last quarter. ERn Financial LLC grew its position in JPMorgan Municipal ETF by 1.0% in the second quarter. ERn Financial LLC now owns 33,037 shares of the company’s stock valued at $1,664,000 after acquiring an additional 316 shares in the last quarter. Finally, WealthCare Investment Partners LLC boosted its stake in shares of JPMorgan Municipal ETF by 0.6% in the third quarter. WealthCare Investment Partners LLC now owns 58,498 shares of the company’s stock valued at $2,979,000 after purchasing an additional 333 shares during the period.

JPMorgan Municipal ETF Price Performance

Shares of JMUB stock opened at $50.48 on Tuesday. The business has a 50 day moving average price of $50.93 and a two-hundred day moving average price of $50.65. The firm has a market cap of $1.40 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were issued a $0.1506 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase from JPMorgan Municipal ETF’s previous dividend of $0.15.

JPMorgan Municipal ETF Company Profile

The JPMorgan Municipal ETF (JMUB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund holds an actively managed portfolio of various US municipal securities. JMUB was launched on Oct 29, 2018 and is managed by JPMorgan Chase.